Google Pads Its Wallet

Google has overcome a big obstacle to the success of its mobile payment system. The company has struck a deal with three major U.S. carriers to preinstall Google Wallet on Android smartphones they offer for sale. Google also purchased Softcard, the mobile payments system the three carriers -- Verizon, AT&T, and T-Mobile -- had undertaken as a joint venture.
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Yahoo CISO, NSA Chief Slug It Out Over Security Backdoors

U.S. tech companies are caught between a rock and a hard place. Their customers expect the highest levels of security in the products they use. Their government, however, wants backdoor access to those very products for surveillance purposes. When Yahoo CISO Alex Stamos confronted him on issue, NSA Director Adm. Mike Rogers resorted to the mantra, "I think we can work our way through this."
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